| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $10M | $10M | -3.2% | -7.2% |
| Op. Income | $908.0K | $787.1K | $649.3K | 15.4% | 39.8% |
| Gross Margin | 28.5% | 30.1% | 30.8% | -1.5pp | -2.2pp |
| Net Margin | 18.0% | 7.6% | 4.1% | 10.4pp | 13.9pp |
| EPS (Diluted) | $0.05 | $0.02 | $0.01 | 137.5% | 379.8% |
| Free Cash Flow | $1M | $921.1K | $733.9K | 13.9% | 42.9% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $3M |
| R&D Expenses | $24.6K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $908.0K |
| Interest Income | $34.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $34.1K |
| INCOME BEFORE TAX | $942.1K |
| Income Tax Expense | -$745.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $209.3K |
| EBIT | $908.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $3M |
| R&D Expenses | $24.6K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $908.0K |
| Interest Income | $34.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $34.1K |
| INCOME BEFORE TAX | $942.1K |
| Income Tax Expense | -$745.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $209.3K |
| EBIT | $908.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $209.3K |
| Stock-Based Compensation | $1.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$745.0K |
| Change in Working Capital | $27.7K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$131.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$16.3K |
| NET CASH FROM INVESTING | -$131.6K |
| Net Debt Issuance | -$695.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $348.8K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $87.6K |
| Long-Term Investments | $0 |
| Tax Assets | $745.0K |
| Other Non-Current Assets | $20.2K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $14M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $357 |
| Additional Paid-In Capital | $21M |
| Retained Earnings | -$12M |
| Treasury Stock | -$149.5K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $2M |
| Net Debt | -$1M |
